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. >>> plus, congressman chris van hollen on john boehner's latest concession on the fiscal cliff. michael eric dyson and donna gentile-o'donnell on the political fallout. howard dean on chris christie's big decision on the obama care exchange. and apple's ceo breaks big news to nbc's brian williams. >> next year, we will do one of our existing mac lines in the united states. >> tonight, a story of economic patriotism in an era of bain capital with e.j. dionne. good to have you with us tonight, folks. thanks for watching. the reality of the election is start to set in on members of the republican party. republican senator jim demint of south carolina is leaving capitol hill to become president of the heritage foundation. don't cry for demint. the out-going president of the heritage foundation made $1.1 million according to 2010 tax filings. demint will do just fine. it's not just about the money. the senator realizes he could be more effective for the conservative movement if he's not attached to the dysfunctional party known as the republican party. in a statement, demint said "i'
. >>> plus, congressman chris van hollen on john boehner's latest concession on the fiscal cliff. michael eric dyson and donna gentile-o'donnell on the political fallout. howard dean on chris christie's big decision on the obama care exchange. and apple's ceo breaks big news to nbc's brian williams. >> next year, we will do one of our existing mac lines in the united states. >> tonight, a story of economic patriotism in an era of bain capital with e.j. dionne. good to have...
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ram. >>> president obama is taking his fiscal cliff plan to the people. will republicans buckle under public pressure? msnbc's political analyst michael eric dyson and democratic strategist donna genteel-o'donnell will weigh in on that tonight. >>> the ceo of apple makes a big announcement about the future of the company's products. e.j. dionne on the political impact of that later. we'll be right back. oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. see, over time, cascade complete pacs fight film buildup two times better than finish quantum. to help leave glasses sparkling shiny! too bad it doesn't work on windows. okay, i'm outta here. cascade. the clear choice. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenie
ram. >>> president obama is taking his fiscal cliff plan to the people. will republicans buckle under public pressure? msnbc's political analyst michael eric dyson and democratic strategist donna genteel-o'donnell will weigh in on that tonight. >>> the ceo of apple makes a big announcement about the future of the company's products. e.j. dionne on the political impact of that later. we'll be right back. oh, cloudy glasses. you didn't have to come over! actually, honey, i think...
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that's the whole issue here. >> on the fiscal cliff front, no new deals or concessions made public, but "the new york times" reports the dynamic has changed. at the request of speaker boehner, senate leaders and nancy pelosi have been dismissed from the negotiating table. leaving just the speaker and the president to hammer this one out. today vice president biden is hosting middle-class families at the white house, continuing to pressure congress to strike a deal on tax rates below 250,000. yesterday, the president struck a hopeful note with a middle-income family in virginia, while maintaining a hardline on negotiations. >> the message that i think we all want to send to members of congress is, this is a sovble problem. i'm not going to sign any package that somehow prevents the top rate from going up for rate at the top 2% but i remain optimistic we can get something done for that is good for families like this one and that is good for the american economy. >> but the clock is ticking. with just two full weeks before christmas to go. joining me now from washington, the man with all t
that's the whole issue here. >> on the fiscal cliff front, no new deals or concessions made public, but "the new york times" reports the dynamic has changed. at the request of speaker boehner, senate leaders and nancy pelosi have been dismissed from the negotiating table. leaving just the speaker and the president to hammer this one out. today vice president biden is hosting middle-class families at the white house, continuing to pressure congress to strike a deal on tax rates...
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Dec 8, 2012
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now that we have brought you from the edge of the fiscal cliff, let's talk about these for a moment. you have seen the headlines that say, saudi america. we have this new found richness, new technologies to find energy. i have seen some estimates up to 3 million new jobs directly related to the energy boom. is it real? how unfortunate of a driver will that be for the economy? when you're sitting down trying to figure out what growth will look like in this country, how does a factor in? >> in a few ways. number one, if there's one thing i feel more optimistic than i did one decade ago, i had a book out around 2006 and i felt like, when you are out making the case for why there should be more location as opposed to china and india, you felt like you how the wind in your face. you have great meetings but then they pull your side and say, that's a powerful argument, but we're moving this to bangalor next week. there is much more of an economic case for people to be relocating and bring jobs back. some of that is about the way it is structured between us and china and some of it is energy
now that we have brought you from the edge of the fiscal cliff, let's talk about these for a moment. you have seen the headlines that say, saudi america. we have this new found richness, new technologies to find energy. i have seen some estimates up to 3 million new jobs directly related to the energy boom. is it real? how unfortunate of a driver will that be for the economy? when you're sitting down trying to figure out what growth will look like in this country, how does a factor in? >>...
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he's part of this big debate on the fiscal cliff. george will, paul krugman of the "new york times." abc's matthew dowd and my favorites james carville and mary matalin. >>> george, we heard the lawmakers there as far apart as ever with just 23 days to go, is there any way out of it? >> conceptually, we're dealing here with splittable differences. we in our country had unsplittable differences. differences that you couldn't compromise on. this is doable. the problem is, george, since the second world war, our politics has been about allocating abundance. now, we're allocating scarcity. we're not very good at it. the real problem in the country today isn't the divisions that we talked so much about it's a consensus. as broad the republic, as deep the grand canyon, we should have a generous welfare state and not pay for >> it oh, boy. >> paul krugman sf. >> it's not just numbers. we have a basic difference in outlook. the republicans are unable to make concrete proposals. if you look, all of that talk that we just heard, deficits in ch
he's part of this big debate on the fiscal cliff. george will, paul krugman of the "new york times." abc's matthew dowd and my favorites james carville and mary matalin. >>> george, we heard the lawmakers there as far apart as ever with just 23 days to go, is there any way out of it? >> conceptually, we're dealing here with splittable differences. we in our country had unsplittable differences. differences that you couldn't compromise on. this is doable. the problem is,...
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. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. gwen: behind the scenes -- tea party pressure, as the movements most prominent senator builds a new platform. >> a lot of my role in the senate has been stopping bad things and saying no to bad things, but we need to do more than that gwen: abroad, tensions in syria on the rise. can the u.s. intervene? should we? covering the week -- jackie calmes of "new york times," eamon javers of cnbc, amy walter of abc news, and james kitfield of "national journal." >> award-winning reporting and analysis covering history as it happens. live from our nations capitol, this is washington week with gwen ifill, produced in association with national journal. corporate funding for washington week is provided by -- ♪ >> wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >> we know why we're here. to charlotte a greater path, in the air and in our factories. >> to find cleaner, more efficient ways to power flight. >> and harness our technology for new
. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. gwen: behind the scenes -- tea party pressure, as the movements most prominent senator builds a new platform. >> a lot of my role in the senate has been stopping bad things and saying no to bad things, but we need to do more than that gwen: abroad, tensions in syria on the rise. can the u.s. intervene? should we? covering the week -- jackie calmes of "new york times," eamon javers of...
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. ♪ >>> it's a brand new week, and with the fiscal cliff just 22 days away, the president is on the move heading to michigan to rally autoworkers' support for higher taxes on the wealthy and greater investment in u.s. manufacturing. the president traveled to a suburb of detroit touring an engine plant that's announcing a $100 million expansion in production and jobs. and even as the president touted that economic bright spot, he renewed his case to extend tax cuts for 98% of americans that are due to expire at the end of the year. >> how many of you can afford to pay another $2,200 in taxes? not you? >> no! >> that's a hit you can't afford to take. and by the way, that's not a good hit for businesses either. >> the president's urgent push come as the white house and congress enter the deadline phase in their negotiations to get a deal passed by next friday, the last day congress is in session. president obama and house speaker john boehner know they have to reach agreement this week if there's to be a deal, which is why they met behind closed doors on sunday. spokesmen for both men say t
. ♪ >>> it's a brand new week, and with the fiscal cliff just 22 days away, the president is on the move heading to michigan to rally autoworkers' support for higher taxes on the wealthy and greater investment in u.s. manufacturing. the president traveled to a suburb of detroit touring an engine plant that's announcing a $100 million expansion in production and jobs. and even as the president touted that economic bright spot, he renewed his case to extend tax cuts for 98% of...
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away from that fiscal cliff, we just come off a week of press conferences, symbolic votes in senate, but less than an hour of serious negotiating. what will it take to break the stalemate? we'll get into that this morning, with two big roundtables of elected officials and experts. let's begin with the lawmakers. senator tom coburn for the republicans and debbie stabenow for the democrats. and congressman hensarlingg. the president said that for there to be a big deal, tax rates on the wealthy are going to have to go up. if that's his bottom line, can there be a deal? >> again, as the speaker has said, unfortunately what we see out of the president is my way or the highway. one dollar revenue for 2.5 of spending reductions. now, after the election, it's a little bit of bait and switch. now he's asking for $1.6 trillion. and if you look closely, for every one dollar of tax increase there's about 20 cents of spending reductions. >> i'm talking about the rates. if the rates go up, can the republicans in the house accept the tax increase? >> no rep wants to vote for a rate tax increase. w
away from that fiscal cliff, we just come off a week of press conferences, symbolic votes in senate, but less than an hour of serious negotiating. what will it take to break the stalemate? we'll get into that this morning, with two big roundtables of elected officials and experts. let's begin with the lawmakers. senator tom coburn for the republicans and debbie stabenow for the democrats. and congressman hensarlingg. the president said that for there to be a big deal, tax rates on the wealthy...
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the fiscal cliff issues, et cetera. let the speaker do what the speaker does best, and that's negotiate his deal. >> the other michael steele, in this town, which is to say speaker boehner, one of his spokes people, released this tidbit of information, and i stress the word tidbit because it is ever so small. discussions with the white house are taking place, but we have no detail to share about the substance of those conversations. the republican offer made last week remains a republican offer, and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. when they are in a room together, do they stare at each other and not talk? presumably like some words are communicated and there is some ball moving somewhere if not forward then to the side? >> i'm going to twitch my eye a little bit. you're going to have to guess which entitlement i'm talking about. i think that's the case. i mean, it seems like part of the boehner stra
the fiscal cliff issues, et cetera. let the speaker do what the speaker does best, and that's negotiate his deal. >> the other michael steele, in this town, which is to say speaker boehner, one of his spokes people, released this tidbit of information, and i stress the word tidbit because it is ever so small. discussions with the white house are taking place, but we have no detail to share about the substance of those conversations. the republican offer made last week remains a republican...
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new polls. what do americans want to see in a fiscal cliff deal? >> the polls are at these num, the big sticking points, should taxes be raised on those making over $250,000 a taxes would be raised if there's no deal to avert the fiscal cliff. yesterday as you said, the president was in northern virginia meeting with a middle class family who would suffer if there was no deal. last week the president went to suburban philadelphia, to a small business again to make the point of his side in these fiscal cliff negotiations. different than a year and a half ago when the president dealt only with republicans in congress. this time he is taking the case to americans and getting outside of washington, d.c. congressional republicans not so happy that the president is doing this. >> we understand that. paul steinhauser live in washington, thank you. >>> let's talk more about the fiscal cliff. we have the washington correspondent for the new yorker and cnn contributor ryan lizza with us. john boehner and the president in a room, just the two of them. good id
new polls. what do americans want to see in a fiscal cliff deal? >> the polls are at these num, the big sticking points, should taxes be raised on those making over $250,000 a taxes would be raised if there's no deal to avert the fiscal cliff. yesterday as you said, the president was in northern virginia meeting with a middle class family who would suffer if there was no deal. last week the president went to suburban philadelphia, to a small business again to make the point of his side in...
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. >> tonight, democratic whip steny hoyer gives me the latest fiscal cliff developments and the democratic line on medicare. tom perriello from the center of american progress action fund on how democrats can deal with republicans who can't deal with reality. rubio and ryan reload with a new message for the middle class. >> both parties tend to divide americans into our voters and their voters. >> but there is no escaping their own policies. >> we're going to a majority of takers versus makers in america. >> dnc chair debbie wasserman schultz responds tonight. plus, senator barbara boxer on her new plan for national polling place standards. and a new poll shows half of all republicans think the defunct group a.c.o.r.n. stole the election from president obama. >> that's an eye opener. >> i wonder where they ever got that idea? >> you just have to wait and see what happens. >>> good to have you with us tonight, folks. thanks for watching. here is are the latest. republicans are at a stalemate with the white house for debt negotiations. republicans really only have two options now, bad and wo
. >> tonight, democratic whip steny hoyer gives me the latest fiscal cliff developments and the democratic line on medicare. tom perriello from the center of american progress action fund on how democrats can deal with republicans who can't deal with reality. rubio and ryan reload with a new message for the middle class. >> both parties tend to divide americans into our voters and their voters. >> but there is no escaping their own policies. >> we're going to a majority...
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million in fiscal cliff negotiations. we're expecting a news conference any minute now on that meeting. we'll bring it to you live. nancy pelosi spoke about it a few hours ago. here's what she had to say. >> i would hope that that would break the fall on the cliff, which is becoming more of a soil if they do that but really, we do need to put a down payment, not just in revenues which passing middle income tax cut means the end of holding them hostage. >> senior congressional correspondent dana bash is on capitol hill. so what's happening now? >> reporter: well, we have been talking to republican lawmakers as they have been coming out of this meeting that the house republican conference had this morning and i should tell you any moment we're going to see the speaker and the other members of the leadership. i'll sit down when that happens. but what we've actually heard is what went on behind closed doors is not the backlash from conservatives outside the congress but certainly groups that are very, very upset that the hous
million in fiscal cliff negotiations. we're expecting a news conference any minute now on that meeting. we'll bring it to you live. nancy pelosi spoke about it a few hours ago. here's what she had to say. >> i would hope that that would break the fall on the cliff, which is becoming more of a soil if they do that but really, we do need to put a down payment, not just in revenues which passing middle income tax cut means the end of holding them hostage. >> senior congressional...
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incidentally, the same time frame necessary to reach a deal on the fiscal cliff. it's wednesday, december 12th, and this is "now." >>> joining me today, msnbc contributor and political editor and white house correspondent for the "huffington post," sam stein holding it down stag style. jane mayer from "the new yorker" is here. bbc world news america anchor and former traveling press secretary for the obama campaign jen socky. this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> okay then. the speaker's office responded with a deal of its own. yesterday it included precisely the same amoun
incidentally, the same time frame necessary to reach a deal on the fiscal cliff. it's wednesday, december 12th, and this is "now." >>> joining me today, msnbc contributor and political editor and white house correspondent for the "huffington post," sam stein holding it down stag style. jane mayer from "the new yorker" is here. bbc world news america anchor and former traveling press secretary for the obama campaign jen socky. this is the speed of the...
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first the bad news, it's just 28 days until the fiscal cliff deadline. the good news, only 17 days 'til the mayans say we're all going to die! who cares about the fiscal cliff? exactly ! >> steve: remember oliver twist. >> please sir, i need some more. >> steve: i do, too. well, it does seem like democrats are taking the oliver twist approach to solving the nation's financial problems. take a look at this. >> asking the wealthiest americans to pay a little more. >> asking the wealthiest americans to contribute a little bit more. >> the wealthy ought to pay a little bit more. >> the wealthy ought to pay more. >> the richest of the rich will have to pay more to solve the financial problems of this country. >> steve: i notice a trend. the problem is, they were just asking for a little bit more, those making over $250,000 a year. they're going to be hit with new taxes at the beginning of the year, regardless of whether or not a deal is reached on the so-called fiscal cliff. stuart varney has got the bad news and it's in small print of the health care reform.
first the bad news, it's just 28 days until the fiscal cliff deadline. the good news, only 17 days 'til the mayans say we're all going to die! who cares about the fiscal cliff? exactly ! >> steve: remember oliver twist. >> please sir, i need some more. >> steve: i do, too. well, it does seem like democrats are taking the oliver twist approach to solving the nation's financial problems. take a look at this. >> asking the wealthiest americans to pay a little more. >>...
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cliff negotiations. -- " ashington journal" has representative peter welch talk about the fiscal cliff negotiations. after that, joseph schatz on estate tax. >> we are at the new york state museum. this is every gallery that is dedicated to the history of september 11 and the attacks on new york's world trade center. we have decided that this gallery could heltell the storyf the first moment of attack using objects found out the site. this is a he said steel from the south tower -- and this is a piece of from the south tower. because the visitor a real tangible experience. this is a piece of steel from the north tower. this is a germanic piece of steel. iece of steel.pic you can see where the windows would have been. every piece of steel is marked so you know which build theing, which floor. this one was picked because it was close to the impact. it has the chart numbers 71-74 from the time of construction. the numbers stamped inside the steel correlates with that. >> this weekend, join us as we look behind the scenes at the history and literary life of new york's capital city, albany.
cliff negotiations. -- " ashington journal" has representative peter welch talk about the fiscal cliff negotiations. after that, joseph schatz on estate tax. >> we are at the new york state museum. this is every gallery that is dedicated to the history of september 11 and the attacks on new york's world trade center. we have decided that this gallery could heltell the storyf the first moment of attack using objects found out the site. this is a he said steel from the south tower...
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to deal with the spending and tax issues on the table and the so-called cliff, fiscal cliff, he also wants to deal with raising the debt ceiling which caused so much controversy a year and a half ago. take a listen to the president today. >> if congress in any way suggests they are going to tie negotiations to debt ceiling votes, and take us to the brink of default once again, as part of a budget negotiation which by the way we have never done in our history until we did it last year, i will not play that game. >> now, republics may not want to include the debt ceiling extension lifting that ceiling in these negotiations because the ceiling doesn't need to be lifted for a couple more months. if they come back next year and deal with that part of this, they might have more leverage as we get closer and closer to that deadline to force the president into more spending cuts than he wants right now, harris. >> harris: well, editor all those americans wondering and watching rights now, 27 days, how close are we. we heard the speaker say he is waiting to hear back from the white house. i w
to deal with the spending and tax issues on the table and the so-called cliff, fiscal cliff, he also wants to deal with raising the debt ceiling which caused so much controversy a year and a half ago. take a listen to the president today. >> if congress in any way suggests they are going to tie negotiations to debt ceiling votes, and take us to the brink of default once again, as part of a budget negotiation which by the way we have never done in our history until we did it last year, i...
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we'll talk more about the fiscal cliff. >>> first a look at other stories that are making news today. zoraida has that for us. >> good morning to you. the death toll in the philippines is rising this morning. typhoon bopha moving toward beach resorts in the northern part of the country and right now it is packing winds over 90 miles an hour. that storm has already caused massive flooding and landslides in the southern philippines. dozens of buildings have been destroyed and the death toll stands at 133 with hundreds more still missing. >>> meantime in rain soaked seattle there are concerns about more mudslides. meteorologist karen maginnis joins us live from atlanta with the latest. they cannot get a break. >> they really can't, and for some folks, this is not coming as good news because it looks like that pineapple express, that moisture coming from deep within the pacific, that's going to be shut off, but we've still got the moisture coming in from the gulf of alaska and that's going to lower the snow levels across the cascades and the olympics down to around 2,000 feet or so. it ha
we'll talk more about the fiscal cliff. >>> first a look at other stories that are making news today. zoraida has that for us. >> good morning to you. the death toll in the philippines is rising this morning. typhoon bopha moving toward beach resorts in the northern part of the country and right now it is packing winds over 90 miles an hour. that storm has already caused massive flooding and landslides in the southern philippines. dozens of buildings have been destroyed and the...
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we're look still at fiscal cliff and now a new set of pretty authoritative voices led by the center for american progress out with its own plan of how to avoid going over the cliff and also how to get our fiscal house in order. michael linden is director for tax and budget policy at the center for american progress. peter, what's happening online? what are people -- >> we're talking about economy. big, big story that is breaking this morning. >> bill: uh-oh. >> apple computers is going to resume manufacturing in the united states. they have all of their products now being built in china and tim cooke, who replaced steve jobs and very rarely gave interviews, gave an interview to nbc he announced next year we'll do one of our existing mac lines in the united states. they're going to start creating some jobs here in america. >> bill: you know, that's a bfd. >> great news. >> seriously. >> bill: it is great news. we knew shortly before he died, steve jobs was at a very small dinner of high tech leaders with president obama in silicon valley and steve jobs says those jobs are never coming ba
we're look still at fiscal cliff and now a new set of pretty authoritative voices led by the center for american progress out with its own plan of how to avoid going over the cliff and also how to get our fiscal house in order. michael linden is director for tax and budget policy at the center for american progress. peter, what's happening online? what are people -- >> we're talking about economy. big, big story that is breaking this morning. >> bill: uh-oh. >> apple computers...
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for another fiscal cliff. in other words, bad timing. >> there's a chance that any of this could get caught up in the fiscal cliff talks. >> it doesn't come at an opportune time because of the fiscal cliff, both the talks and the idea we're short of money. traditionally, what this country has done is treated disaster separately. >> senators from the storm ravaged states believe the obama administration will propose roughly $50 billion in relief, far short of what the states want, $82 billion. >> is there that kind of money lying around? >> certainly not that kind of money lying around. it's such a complex time right now we're dealing with a host of issues. we're going over the fiscal cliffs. >> senator susan collins are facing budget cuts they would like to pay for the storm cleanup. the uncertain fate of the relief money comes little more than a month after the jaw dropping pre-rel pre-election image of president obama and governor christie shoulder to shoulder, a time when he promised to help victims quickly
for another fiscal cliff. in other words, bad timing. >> there's a chance that any of this could get caught up in the fiscal cliff talks. >> it doesn't come at an opportune time because of the fiscal cliff, both the talks and the idea we're short of money. traditionally, what this country has done is treated disaster separately. >> senators from the storm ravaged states believe the obama administration will propose roughly $50 billion in relief, far short of what the states...
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he was going to talk a little bit about the fiscal cliff and that's something we've all been talking about recently, and what it means for us right now and the year ahead. we also have other business news. we'll get back to the president by the way if and when we get that feedback. he will be taking questions from the audience there of business leaders as gregg mentioned. elizabeth mcdonald ever the fox business network is standing by list toning some of what the president had to say about the economy. liz, can you place it in context about where our economy is right now. >> reporter: the president just now was placing it in the -- the economy in the broader context of what is going on in the world, mentioning asia, mentioning europe, and then he turned to what was the most important part of the speech, he started to speak and that is what is holding us back ironically is stuff that is going on in this town, and he also, the president also said, no one wants to get a deal done more than me. so he's trying to essentially give some encouragement to get the fiscal cliff deal talks ignit
he was going to talk a little bit about the fiscal cliff and that's something we've all been talking about recently, and what it means for us right now and the year ahead. we also have other business news. we'll get back to the president by the way if and when we get that feedback. he will be taking questions from the audience there of business leaders as gregg mentioned. elizabeth mcdonald ever the fox business network is standing by list toning some of what the president had to say about the...
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thanks. >>> let's go to jessica yellin, she's getting new information about the fiscal cliff stand-off, what are you learning? >> reporter: i'm learning that president obama and house speaker john boehner had a phone conversation late today. we do not have a fiscal deal. there's been no significant movement as a result of this, it's meaningful, the two men have not spoken in a week exactly. their last phone call was last wednesday, as you know, speaker boehner presented a plan on monday and after that was rejected by the president. in an interview, there was no communication between the white house and republicans until this phone call between these two men. wolf, this comes the same day that secretary geithner said publicly for the first time, that the u.s. would be willing to go over the cliff if republicans do not agree to raise tax rates on the top two percent of earners. it's my understanding that republicans have not agreed to raise those rates and the white house is not negotiating essentially, wolf, until they see republicans make that move. >> jeszic ka, the things obviously c
thanks. >>> let's go to jessica yellin, she's getting new information about the fiscal cliff stand-off, what are you learning? >> reporter: i'm learning that president obama and house speaker john boehner had a phone conversation late today. we do not have a fiscal deal. there's been no significant movement as a result of this, it's meaningful, the two men have not spoken in a week exactly. their last phone call was last wednesday, as you know, speaker boehner presented a plan on...
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Dec 11, 2012
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it seems like quietly we're making progress on the fiscal cliff, people are saying garbage out in public. john boehner sitting down with the president, seems these two men are getting the job done. >> i think it is real. the president, no public events yesterday. even yesterday's event was never designed to be a fiscal cliff photo-op. there are very few fiscal cliff photo-ops planned this week. it is serious business. they have to come to a framework at the end of this week if they're going to get it written in time and passed in time so they all don't have to spend christmas in washington. joe, realize, whatever deal they agree to, it will be very fragile and it's likely to include more triggers for the end of next year. so they'll agree to some tax reform. if they can't write it, then say the highest tax rate will move from 37 to 39. on entitlements, they'll agree they have to find a certain amount of money and special commission but if they don't agree to it maybe the eligibility age goes automatically up. they'll be sort of sequester triggers to force the action so the deal whatever
it seems like quietly we're making progress on the fiscal cliff, people are saying garbage out in public. john boehner sitting down with the president, seems these two men are getting the job done. >> i think it is real. the president, no public events yesterday. even yesterday's event was never designed to be a fiscal cliff photo-op. there are very few fiscal cliff photo-ops planned this week. it is serious business. they have to come to a framework at the end of this week if they're...
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to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a train carrying toxic chemicals derailed nearly a week ago. 100 families told they have to leave their homes in new jersey near philadelphia. they have to play it safe until the last of the hazard does gas is removed. >> what we'll do we'll pump liquid in that dissolves the vinyl chloride. we'll pump that liquid back out into the highway truck. we have a derailment of hazardous of materials over and in a waterway and a community adjacent to it, right next to it. martha: the rail line is paying for hotel rooms and other expen
to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a...
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jean was some of the way for a meeting which may or may not be good news on the fiscal cliff. i am hoping this is a little less than the panel i moderated last week. we were in the middle of discussing the general election when all the power went out. we are fortunate representative schwartz is able to join us, representing a suburban philadelphia vice ranking democratic member on the budget committee. i want to have a conversation in two parts to reflect the dual nature of the to do list a public presented in the poll. when you asked the most immediate challenge for washington, they do talk about the deficit and the debt and get in the fiscal house in order. but that's not the full extent of the list. behind that are other concerns including education, retirement, good paying jobs. barry diller parties along partisan and racial lines about what people want to see focus on. let's start with where we are and where the public is. on the question of resolving the immediate fiscal cliff issues, how would you describe your feeling that there will be some kind of accommodation and d
jean was some of the way for a meeting which may or may not be good news on the fiscal cliff. i am hoping this is a little less than the panel i moderated last week. we were in the middle of discussing the general election when all the power went out. we are fortunate representative schwartz is able to join us, representing a suburban philadelphia vice ranking democratic member on the budget committee. i want to have a conversation in two parts to reflect the dual nature of the to do list a...
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go there to get a good understanding of what this fiscal cliff is all about. thanks, jean. >>> word is that elizabeth warren, the brand-new senator-elect from massachusetts is angling to be appointed to the senate banking committee. i hope that happens. the consumer crusader is just what the committee needs. she was president obama's pick to run the newly created consumer finance protection bureau, which she designed, but republican senators on capitol hill refused to even consider confirming her. instead, they did their best to drive her out of town. >> so it has gone beyond your advice to treasury, you're also providing advice to other governmental agencies? >> congressman -- >> i understand, you can use the word congressman a number of times, miss warren, i'm simply asking a very simple question. >> is there a duty to educate yourself, yes or no? >> i believe that an empowered consumer is a consumer who cannot only protect himself or herself, but one who can change the market. >> mr. chairman, i give up. >> well, warren left washington, but not for long. af
go there to get a good understanding of what this fiscal cliff is all about. thanks, jean. >>> word is that elizabeth warren, the brand-new senator-elect from massachusetts is angling to be appointed to the senate banking committee. i hope that happens. the consumer crusader is just what the committee needs. she was president obama's pick to run the newly created consumer finance protection bureau, which she designed, but republican senators on capitol hill refused to even consider...
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people about the looming fiscal cliff. all described themselves as democrats, yet check out their answers to some of the biggest questions on capitol hill. >> what about the idea of closing loopholes in the tax system? >> i think that's a good idea. >> i think it's a good thing. >> i think that's super important. >> the whole household makes $250,000. should they be taxed like the rich? >> no. >> that's not super wealthy? >> no. >> what about the debt ceiling. >> a poor decision. >> that's not solving a problem. >> steven. they say they're democrats, they sound like republicans. what's happening? >> this shows us that -- well, something we've known a while. if people voted what they believe and live, they would be more conservative but there's a stigma attached to been a republican. that's because of the administration, leftists, including the mainstream media and the is entertainment industry who are perpetuating stereotypes and lies and republicans are terrible at messaging. you see in that video, what about taxing the w
people about the looming fiscal cliff. all described themselves as democrats, yet check out their answers to some of the biggest questions on capitol hill. >> what about the idea of closing loopholes in the tax system? >> i think that's a good idea. >> i think it's a good thing. >> i think that's super important. >> the whole household makes $250,000. should they be taxed like the rich? >> no. >> that's not super wealthy? >> no. >> what...
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the effort to reach a deal on the fiscal cliff is now a two-man operation. interesting. president obama and speaker boehner. nobody else. with 24 days before a year-end deadline, "the new york times" says boehner made the request to clear the negotiation room going forward, leaving it up to himself and the president to reach a deal to avoid automatic tax hikes and deep spending cuts. and while the two men may be negotiating privately, yesterday the president took his message to the public, visiting a local virginia family as a part of his my2k social media campaign, sitting around the kitchen table. he told the family he was optimistic. >> the message that i think we all want to send to members of congress is, this is a solvable problem. the senate has already passed a bill that would make sure the middle-class taxes don't go up next year by a single dime. just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like thi
the effort to reach a deal on the fiscal cliff is now a two-man operation. interesting. president obama and speaker boehner. nobody else. with 24 days before a year-end deadline, "the new york times" says boehner made the request to clear the negotiation room going forward, leaving it up to himself and the president to reach a deal to avoid automatic tax hikes and deep spending cuts. and while the two men may be negotiating privately, yesterday the president took his message to the...
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they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue. this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zoraida, as you saw there from the president earlier in that bloomberg interview, he is digging in, saying there can't be a deal unless upper income americans pay more. middle-class americans should get the bush era tax cut extension. is he not backing down from that at all. the pr
they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue. this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government...
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cliff. the group is urging congress to take immediate action to avoid those automatic tax increases and spending cuts come january. president obama is saying that with the way speaker boehner plan stands now, no deal. >> unfortunately the speaker's proposal is out of balance. we will have to see the rates on the top 2% go up and we are not going to be able to get a deal without it. >> that was an exclusive with bloomberg t.v. and the first televised interview since the president's re-election. as you heard, taxes are the big issue blocking this deal from taking place. president obama is calling for downhill the amount of tax revenue as speaker boehner over the next tens years, most from the nation's top earners. many. republicans say that's not the way to handle this. here is marco rubio. >> it wouldn'ting make a small bent in the debt but it would heard middle class businesses. >> the g.o.p. could be risking a civil war over this issue. it does not look like obama is ready to cave. if that
cliff. the group is urging congress to take immediate action to avoid those automatic tax increases and spending cuts come january. president obama is saying that with the way speaker boehner plan stands now, no deal. >> unfortunately the speaker's proposal is out of balance. we will have to see the rates on the top 2% go up and we are not going to be able to get a deal without it. >> that was an exclusive with bloomberg t.v. and the first televised interview since the president's...
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. >>> meanwhile, back in washington, with just over three weeks left to make a deal on the fiscal cliff, both sides out with new statents today. and on the surface, they still sound far apart. president obama this morning saying he's going to insist on raising taxes on the wealthiest americans no matter what. >> if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle-class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >> meanwhile, on the other side of the aisle, republican senator marco rubio gave the weekly republican address today. part of his message? the tax rate should not go up on anyone including the top 2%. >> we must reform our complicated, uncertain, job-killing tax code by getting rid of unjustified loopholes. but our goal should be to generate new revenue by creating new taxpayers, not new taxes. >> joining me, author of "the escape artists: how o
. >>> meanwhile, back in washington, with just over three weeks left to make a deal on the fiscal cliff, both sides out with new statents today. and on the surface, they still sound far apart. president obama this morning saying he's going to insist on raising taxes on the wealthiest americans no matter what. >> if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious...
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they said, quote: this is going to be a tough fight in the congress given the fiscal cliff. some members have not been friendly to disaster relief. but the care with which the package has been put together has given us a good head start. although that head start not good enough for at least one republican member of congress frank says governor christie made a responsible request federal aid based on careful comprehensive analysis of new jersey's needs having seen the devastation firsthand in my district during his visit. i'm disappointed president obama has come to a different conclusion. we should not short change nor add strings to the support residence, businesses and communities in my district and across the region desperately need and at least 125 people were killed by super storm sandy. right now the u.s. government saying sandy is on track to be the second or third costliest natural disaster ever behind hurricane katrina and close to hurricane andrew in 1992. clayton? >> peter doocy live from d.c. >> now for your headlines might be the biggest arrest related to that t
they said, quote: this is going to be a tough fight in the congress given the fiscal cliff. some members have not been friendly to disaster relief. but the care with which the package has been put together has given us a good head start. although that head start not good enough for at least one republican member of congress frank says governor christie made a responsible request federal aid based on careful comprehensive analysis of new jersey's needs having seen the devastation firsthand in my...
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well, with 25 days to go until the year-end fiscal cliff deadline, president obama and speaker boehner spoke on the phone yesterday for the first time in days. both men agreed not to publicly characterize how the conversation went. but the stalemate in negotiations entered new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans -- remember, it's only 2%. the size of the problem in some sense is so large, it can't be solved without rates going up as part of that. again, i think there's broad recognition of that reality now. >> one fallback option republicans are reportedly considering is to accept tax cuts for the middle class, allow rates to go up for the wealthiest, and then start the fight over again during debt limit talks early next
well, with 25 days to go until the year-end fiscal cliff deadline, president obama and speaker boehner spoke on the phone yesterday for the first time in days. both men agreed not to publicly characterize how the conversation went. but the stalemate in negotiations entered new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the 2%. >> if republicans do not agree to that, is the...